Smart Light Fixture and Control Market by Offering (Hardware, Software, Services), by Installation Type (New Installations, Retrofit Installations), by End Use Application (Indoor, Outdoor) and by Communication Technology (Wired, Wireless): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Reports Overview

Smart light fixture and control units are one step closer toward saving energy and improving the overall operating efficiency. These light fixture can be controlled remotely through devices such as, smartphones, remote, and sometimes sound. These fixtures also have sensors attached to them, which can turn them off when there is no one around and thus can save a lot of energy. In recent years, several private companies and government offices use smart light fixture owing to their low operating cost and easier control options.

The demand for smart light fixture and control market is expected to rise globally in the next 4-5 years, owing to various factors such as reduction in prices of sensors, increase in demand from residential and commercial spaces, and ease in installation. However, high installation cost for large establishments restrains the growth of the market. Moreover, increased government initiatives to reduce energy consumption globally is expected to open new opportunities in the market.

The smart light fixture and control market is segmented based on lighting type, technology, end user, and geography. Based on lighting type, the market is categorized in fluorescent, plasma lamps, HID, and others. Based on the technology, it is bifurcated into wired and wireless. Based on end user, it is classified into residential, commercial, and industrial. Based on geography, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The major players profiled in the report include Koninklijke Philips N.V., Digital Lumens, Inc., OSRAM Licht AG, Streetlight.Vision, Eaton, Honeywell International Inc., Cree, Inc., Legrand., Lutron Electronics Co., Inc., and Schneider Electric SE.

Key Benefits

The study provides an in-depth analysis of the global smart light fixture and control market along with current and future trends to elucidate the imminent investment pockets.
Current and future trends are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
The report provides information related to impact analysis and the key drivers, restraints, and opportunities.
Quantitative analysis of the current market and estimations for the is provided determine the financial potential of the market.
Porters Five Forces model of the industry illustrates the potency of the buyers & suppliers participating in the market.

Key Market Segments

By Offering
- Hardware
- Software
- Services
By Installation Type
- New Installations
- Retrofit Installations
By End Use Application
- Indoor
- Outdoor
By Communication Technology
- Wired
- Wireless
By Region
- North America
  - U.S.
  - Canada
- Europe
  - France
  - Germany
  - Italy
  - Spain
  - UK
  - Rest of Europe
- Asia-Pacific
  - China
  - Japan
  - India
  - South Korea
  - Rest of Asia-Pacific
- LAMEA
  - Latin America
  - Middle East
  - Rest of LAMEA

Key Market Players

Table of contents

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A02082

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CHAPTER 1: INTRODUCTION

1.1. Report Description

1.2. Key Market Segments

1.3. Key Benefits

1.4. Research Methodology

1.4.1. Primary Research

1.4.2. Secondary Research

1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope

3.2. Key Findings

3.2.1. Top Investment Pockets

3.2.2. Top Winning Strategies

3.3. Porter's Five Forces Analysis

3.3.1. Bargaining Power of Suppliers

3.3.2. Threat of New Entrants

3.3.3. Threat of Substitutes

3.3.4. Competitive Rivalry

3.3.5. Bargaining Power among Buyers

3.5. Market Dynamics

3.5.1. Drivers

3.5.2. Restraints

3.5.3. Opportunities

CHAPTER 4: SMART LIGHT FIXTURE AND CONTROL MARKET, BY OFFERING

4.1. Market Overview

4.1.1 Market Size and Forecast, By Offering

4.2. Hardware

4.2.1. Key Market Trends, Growth Factors and Opportunities

4.2.2. Market Size and Forecast, By Region

4.2.3. Market Share Analysis, By Country

4.3. Software

4.3.1. Key Market Trends, Growth Factors and Opportunities

4.3.2. Market Size and Forecast, By Region

4.3.3. Market Share Analysis, By Country

4.4. Services

4.4.1. Key Market Trends, Growth Factors and Opportunities

4.4.2. Market Size and Forecast, By Region

4.4.3. Market Share Analysis, By Country

CHAPTER 5: SMART LIGHT FIXTURE AND CONTROL MARKET, BY INSTALLATION TYPE

5.1. Market Overview

5.1.1 Market Size and Forecast, By Installation Type

5.2. New Installations

5.2.1. Key Market Trends, Growth Factors and Opportunities

5.2.2. Market Size and Forecast, By Region

5.2.3. Market Share Analysis, By Country

5.3. Retrofit Installations

5.3.1. Key Market Trends, Growth Factors and Opportunities

5.3.2. Market Size and Forecast, By Region

5.3.3. Market Share Analysis, By Country

CHAPTER 6: SMART LIGHT FIXTURE AND CONTROL MARKET, BY END USE APPLICATION

6.1. Market Overview

6.1.1 Market Size and Forecast, By End Use Application

6.2. Indoor

6.2.1. Key Market Trends, Growth Factors and Opportunities

6.2.2. Market Size and Forecast, By Region

6.2.3. Market Share Analysis, By Country

6.3. Outdoor

6.3.1. Key Market Trends, Growth Factors and Opportunities

6.3.2. Market Size and Forecast, By Region

6.3.3. Market Share Analysis, By Country

CHAPTER 7: SMART LIGHT FIXTURE AND CONTROL MARKET, BY COMMUNICATION TECHNOLOGY

7.1. Market Overview

7.1.1 Market Size and Forecast, By Communication Technology

7.2. Wired

7.2.1. Key Market Trends, Growth Factors and Opportunities

7.2.2. Market Size and Forecast, By Region

7.2.3. Market Share Analysis, By Country

7.3. Wireless

7.3.1. Key Market Trends, Growth Factors and Opportunities

7.3.2. Market Size and Forecast, By Region

7.3.3. Market Share Analysis, By Country

CHAPTER 8: SMART LIGHT FIXTURE AND CONTROL MARKET, BY REGION

8.1. Market Overview

8.1.1 Market Size and Forecast, By Region